Episode 11: Saving for College with a 529 Savings Plan

Does saving for your children's college have you worried? In this episode of Making Cents of Money, we introduce you to 529 plans: how they work, how they differ from other types of saving accounts, what options are available in Illinois, and how you can use the money without incurring penalties. Featuring two special guests from the Illinois Treasurer's Office: Fernando Diaz, Chief Financial Product Officer John Mitchell, Director of College Savings Additional resources mentioned in the episode: -Sign up for Bright Start: brightstart.com -Sign up for Bright Directions: brightdirections.com -You may also sign up by calling (877) 432-7444 between 7 am and 7 pm on Monday through Friday Bright Start on Social Media: Facebook: https://www.facebook.com/BrightStart529/ Twitter: https://twitter.com/BrightStart529